Recovery of marketable rent arrears accrued during the epidemic
Before the coronavirus struck, the options for landlords looking to recover marketable rent arrears were expansive. Depending on the circumstances, you could use the statutory Commercial rent arrears recovery procedure (CRAR), effect penalty by peaceablere-entry or court order, commence debt recovery proceedings, or indeed go down the bankruptcy route and issue a statutory demand followed by a winding up solicitation.Now, because of temporary rules introduced by the Government to help tenants ride out the Covid storm, the options are more limited. Still, as Maria Eames, marketable action counsel with Crombie Wilkinson Solicitors explains,‘All isn’t lost for landlords, as the High…
